Which statement below is not a reason for a corporation to buy back its own stock. resale to employees bonus to employees for supporting the market price of the stock to increase the shares outstanding How is treasury stock shown on the balance sheet? as an asset as a decrease in stockholders' equity as an increase in stockholders' equity treasury stock is not shown on the balance sheet Treasury stock which was purchased for $3,000 is sold for $3,500. As a result of these two transaction combined income will be increased by $500 stockholders' equity will be increased by $3,500 stockholders' equity will be increased by $500 stockholders' equity will not change Treasury stock that had been purchased for $6,400 last month was reissued this month for $8,500. The journal entry to record the reissuance would include a credit to Treasury Stock for $8,500 Paid-In Capital from Treasury Stock for $8,500 Paid-In Capital in Excess of Par/Common for $2,100 Paid-In Capital from Treasury Stock for $2,100 The reduction of par or stated value of stock by issuance of a proportionate number of additional shares is termed a liquidating dividend stock split stock option preferred dividend A corporation has 40.000 shares of $25 par value stock outstanding. If the corporation issues a 3-for-l stock split, the number of shares outstanding after the split will be 120,000 shares 40,000 shares 80,000 shares 13,333 shares A company with 100,000 authorized shares of $4 par common stock issued 50,000 shares at $9. Subsequently, the company declared a 2% stock dividend is to decrease retained earnings, increase common stock, and increase paid-in capital increase retained earnings, decrease common stock, and decrease paid in capital increase retained earnings, decrease common stock, and paid-in capital decrease retained earnings, increase common stock, and decrease paid-in capital